Sirius XM Holdings Inc (NASDAQ: SIRI) reported a fiscal third-quarter 2024 revenue decline of 4% year-on-year to $2.17 billion, marginally missing the analyst consensus estimate of $2.19 billion.

ORRVILLE, OHIO — The J.M. Smucker Co.’s struggles to improve the performance of its Sweet Baked Snacks business and Hostess Brands became clearer on Feb. 27 when the company took non-cash impairment ...

US food heavyweight Kraft Heinz has posted a slump in full-year operating profit linked to a $3.7bn non-cash impairment loss. In its fourth-quarter and annual results announcement today (12 February), ...

Kraft Heinz swung to a loss in the second quarter, hurt by a large impairment charge, as it posted another drop in sales. Hershey Trims 2025 Outlook to Account for Greater Tariff Impact Hershey ...

CEO Carlos A. Abrams-Rivera opened the call by stating, "I'm pleased to report that our second quarter results came in line with our expectations, with an improvement in year-over-year top line ...

STOCKHOLM , July 14 (Reuters) - Sweden-based Volvo Cars (VOLCARb.ST), opens new tab is booking a impairment charge of 11.4 billion crowns ($1.2 billion) in the second quarter related to its ES90 and ...

PITTSBURGH — Citing a sustained decline in its stock price, the Kraft Heinz Co. took a $9.3 billion non-cash impairment charge during the second quarter of fiscal 2025. The financial maneuver came as ...

It was partially offset by favourable interest rate impacts. Sun Life’s Asia unit reported an underlying net income of $175m in the fourth quarter (Q4 2024), a 22% year-on-year (YoY) increase, driven ...

One-off impairment charge on US business of A$439 million Underlying profit down 51%, below estimates Net profit tumbles 90% Sees solid growth for first-half operating earnings Aug 18 (Reuters) - ...

Volvo Cars said it will continue to invest in its “next-generation” dedicated electric car architecture and software capabilities. Credit: Alasdair Jones/Shutterstock. Geely-owned Volvo Cars has ...

Transocean (NYSE:RIG) -1.9% pre-market Thursday after disclosing it plans to dispose of five drilling rigs and related assets, resulting in a ~$1.9B impairment charge in its Q3 results. Transocean ...

AT&T Inc. beat expectations Wednesday on two of the metrics most important to investors, and that’s helping to send its stock higher. The first notable beat came the company’s postpaid phone net adds ...